It's not easy to put a shoe on a toddler. You need to hit the heel at just the right angle, and with a quick flip of the wrist, jam in a little foot. Mike Pratt, the founder of the slip-on sneaker brand Kizik, is showing me a prototype of a toddler shoe that could avoid this delicate dance.
The sneaker is shaped like a green monster, and when you squeeze the sides of the sole, the mouth opens like a clamshell, creating a generous space for a tiny, squirming foot to slide in.
A serial entrepreneur and inventor, Pratt, 63, spends a lot of time thinking about how to make life easier. About 15 years ago, he got the idea there had to be a better way to put on sneakers-one that didn't require bending over and tying laces. A slip-on sneaker could help people with disabilities or injuries, kids who haven't yet learned to tie their shoes, and anyone in a rush. Pratt was then running the athletic bag maker Ogio, which he co-founded in 1987 and which claimed the No. 473 spot on the 2002 Inc. 5000.
After selling Ogio to Callaway Golf for $75.5 million, Pratt turned his attention to a hands-free shoe concept he'd spent years prototyping and developing "I went from working at a really nice office to working in my basement," Pratt says. "But it was fun. Kind of like starting over again."
The first Kiziks, released in 2017, were leather sneakers with a remarkable innovation hiding in the heel: a titanium arc wrapped around the back of the shoe and attached to the sole on each side, and when a wearer stepped in, the arc compressed and bounced back into place, securely hugging the foot.
Pratt thought the shoes would sell mostly to men, and the earliest pairs might appeal to a tech bro. But a lot of early buyers turned out to be women, and with athleisure becoming everyday wear, Kizik began producing more sporty and colorful styles to appeal to a wider audience.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A Bankable Pet Project - How Moonshots Capital helped eTailPet scale up and attract a buyer in just three years.
Berenice Giannini's startup, eTailPet, wasn't a natural fit for Moonshots Capital. The Austin-based venture firm, launched in 2014 by Kelly Perdew and Craig Cummings, both of whom had previously served in the U.S. Army, frequently backs companies founded by military veterans.
Backers Should Have Your Back - The best capital provider for your business will offer a helping hand, not just deep pockets.
Three years ago, U.S. entrepreneurs were enjoying one of the best funding environments in decades. Venture capital and private equity hit all-time highs as banks loaned at historically low interest rates. All you needed to get a term sheet, it seemed, was a smile and a pitch deck.
Lift Off - Would you pay $50,000 to touch the edge of space?
Would you pay $50,000 to touch the edge of space? Meet the entrepreneurs providing a rarified clientele with a luxurious, once-in-a-lifetime journey.So you want to go to space. To take in the expansive curvature of the Earth glowing miles above the atmosphere, surrounded by pure darkness. To experience the mind-altering overview effect described by astronauts as a transcendent state of awe, staring back at the planet on which you've inhaled your every living breath.
There Will Always be Those Who Doubt You and Your Vision. Here's How to Tune Them Out. - Recently, I invited an experienced luxury hotelier to visit the new campus we were building near Santa Fe for Modern Elder Academy,
Recently, I invited an experienced luxury hotelier to visit the new campus we were building near Santa Fe for Modern Elder Academy, the midlife wisdom school I co-founded in 2018.
A Scientific Discovery that Unlocks Your Body's Healing Power
The founder of Stemregen, a company that creates powerful supplements that stimulate the body's natural repair system, explains how a \"fringe idea\" opened up a new world of stem cell therapy.
Transformative Growth: Agency Masters the Art of Evolution
As a destination marketer, Awestruck has mapped out a journey to success by constantly developing its services and its staff.
For the Love of the Restaurant Experience
The founder and CEO of DJB Hospitality shares his passion for the challenging and uniquely rewarding hospitality industry.
Custom PEO Solutions for Blue-Collar Industries
COMPEO is an HR management solutions provider with a jaw-dropping five-figure growth rate.
Homebuying Was BrokenMeet the Founders Here to Fix It
Cecilian Partners is a fast-growing technology firm providing end-to-end solutions for production homebuilders and land developers.
A Focus on Complete Solutions for Regulatory Environments
The Northcross Group develops sustainable processes for clients with compliance needs.